Article -> Article Details
| Title | Recycled PET Prices Hold Steady Despite Setbacks | IMARC Group |
|---|---|
| Category | Business --> Materials |
| Meta Keywords | Recycled PET Prices |
| Owner | stephenthomas |
| Description | |
| North America Recycled PET Prices the Last Quarter: Recycled PET Prices in the United States: In the last quarter, the Recycled PET Price Trend in the United States remained steady at approximately 1,479 USD/MT, reflecting a balance between supply and demand despite several market challenges. This stability was mainly supported by a consistent supply and moderate consumption, particularly from key sectors such as packaging and beverages, which are major consumers of recycled PET. However, the market faced obstacles, including a decline in recycling activities and reduced demand from international markets, which weakened overall sentiment. Surplus inventory helped cushion the market, preventing significant price fluctuations despite these challenges. While the pricing stability provided some predictability, the market outlook remained cautious, with ongoing operational difficulties, recycling inefficiencies, and broader economic uncertainties exerting external pressures. Unlock Real-Time Recycled PET Prices Trend Today: https://www.imarcgroup.com/recycled-pet-pricing-report APAC Recycled PET Prices Last Quarter: Recycled PET Prices in China: In the last quarter, recycled PET prices in China fell sharply to 1,055 USD/MT, reflecting a challenging market environment marked by weakened demand and oversupply. Economic uncertainties led industries to scale back their use of recycled PET, reducing overall consumption and resulting in an accumulation of unused stock. Meanwhile, an abundant supply of scrap PET kept production costs low, but the excess availability contributed to a saturated market, which intensified downward pressure on prices. Sluggish international trade further worsened the situation, with reduced export opportunities limiting market recovery. This combination of subdued demand, oversupply, and diminished trading activity created a bearish market trend that persisted throughout the quarter. Europe Recycled PET Prices Last Quarter: Recycled PET Prices in Germany: In the last quarter, recycled PET prices in Germany dropped to 970 USD/MT, primarily due to a challenging market landscape marked by oversupply, weak demand, and increased competition from virgin PET. An excess of post-consumer PET materials flooded the market, weakening recyclers' pricing leverage. At the same time, demand for recycled PET remained sluggish as many industries turned to virgin PET, which offered a lower cost and more consistent quality. This shift towards virgin PET intensified competitive pressures, leaving recyclers with reduced margins and limited options to stabilize prices. The combination of abundant supply, diminished demand, and strong competition from virgin PET created significant challenges for the German rPET market, contributing to the decline in prices throughout the quarter. The latest IMARC Group study, “Recycled PET Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Recycled PET price trend, offering key insights into global Recycled PET market dynamics. This report includes comprehensive price charts, which trace historical data and highlight major shifts in the market. The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Recycled PET demand, illustrating how consumer behaviors and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the price report uncovers critical factors influencing current and future prices. Unlock Real-Time Recycled PET Prices Trend Today: https://www.imarcgroup.com/recycled-pet-pricing-report About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research. Contact us: | |